GDP expanded 7.3% in the first three months of 2018, the 24-29 May poll of 55 economists predicted, a touch faster than the 7.2% achieved in the last three months of 2017 and well above China’s pace of 6.8% for the quarter ending in March, Reuters reported.

So far this year, the rupee has weakened 5.2%, while foreign investors have sold $83.10 million and $4.40 billion in equity and debt markets, respectively.

Benchmark Sensex Index fell 0.12% or 43.13 points to 34,906.11. Since January, it has gained 2.6%.

Asian currencies weakened, while the yen rose on haven demand, as a political crisis in Italy that’s spurred speculation the country could leave the euro reverberated across markets.